Indusind Bank Jaipur Jaipur Rajasthan MICR CODE

Find MICR Codes for Indusind Bank Jaipur Jaipur Rajasthan

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MICR Code
Bank Indusind Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Vidyut Nagar Jaipur
Contact 141-2351102
Bank Details Indusind Bank Ltd Vidyut Nagar Jaipur INDB0001995
Location Jaipur, Jaipur
City Jaipur
District Jaipur
State Rajasthan
Pincode 302021
Country IN
Address Ground floor constructed as ugf b 121 vidyut nagar b queens road jaipur rajasthan pin 302021
Note: The working hours listed are generalized for all banks. Please take a note that the bank timings may vary from branch to branch. As per guidelines issued by Reserve Bank of India, banks will not be operational on 2nd and 4th Saturdays and all Sundays of a month.

How does MICR code 0 for Vidyut Nagar Jaipur branch help to speed up the cheque clearing process?

In manual clearing of cheques, many errors may occur and the whole process is quite time consuming. The MICR technology speeds up the processing of cheque as it reduces manual efforts of sorting. Thus the 0 of Indus Bank, Vidyut Nagar Jaipur branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Vidyut Nagar Jaipur branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Indusind Bank Vidyut Nagar Jaipur

Indusind Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Indus Bank MICR code for Vidyut Nagar Jaipur is a 9 digit code, in which first 3 digit represents the city code, next 3 digit to bank code and later 3 digit to branch code. 0 is the MICR code of Indusind Bank for Vidyut Nagar Jaipur branch. MICR code for Vidyut Nagar Jaipur branch includes document type indicator, bank code, cheque number, etc. When a cheque goes for clearing, this code is read by a magnetic reader and then automatically sorted. MICR code for Indus Bank Vidyut Nagar Jaipur is presented in the table alongside.

Use of Indus Bank MICR code for Vidyut Nagar Jaipur branch in jaipur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Vidyut Nagar Jaipur and Indus Bank bank for clearing processes. The MICR characters, which are printed using magnetic ink, are passed before a MICR reader. Initially the ink gets magnetized and when it is read, each character produces a unique waveform which can be easily identified. MICR code of Indusind Bank is typically in either of these two font’s: E-138 and CMC-7.

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